Stock buy types

Share to Twitter Share to Linkedin Topline The stock market selloff resumed on Wednesday amid reinvigorated fears about surging inflation weighing on economic growth, as several major retailers have now reported that quarterly profits took a hit due to rising cost pressures. Key Facts The selloff on Wall Street intensified: The Dow Jones Industrial Average fell 3.6%, over 1,100 points, while the S&P 500 lost 4% and the tech-heavy Nasdaq Composite 4.7%. Markets tanked after disappointing quarterly earnings from major retailers: Shares of Target plunged over 25% after the company warned of rising costs and supply chain issues impacting profits, with the stock on pace for its worst single-day drop in roughly 25 years. The news followed a gloomy outlook from Walmart, with the nation’s largest retailer badly missing earnings expectations due to rising costs, causing shares to fall 11% on Tuesday in their largest one-day drop since 1987. … [Read more...] about Dow Falls 1,100 Points, Stock Market Selloff Continues As Major Retailers Warn Of Rising Cost Pressures

What does it take to trigger a crash in the stock market? A once-in-a-century pandemic? The biggest war in Europe in 70 years? The US Federal Reserve instantaneously cutting off the supply of the opium of record liquidity and low interest rates? Multi-year high inflation? How about black magic? The Oxford Dictionary defines black magic as a type of magic that is believed to use the power of the devil in order to do evil. In a world where boring financial data, profit and loss statements, and complex macroeconomic events sway the everyday movement of stock prices and stock indices, one Rajkot-based stockbroker claimed last week that he spent more than Rs 8 crore to engineer a multi-day crash in the stock market with the help of esoteric black magic. Close “We are responsible to a great extent for today’s fall and the fall of the past few days in the market. You won’t believe it, but we have spent over Rs 8.5 crore today in kala jadu (black magic) to create … [Read more...] about A lone bear, black magic and a $235 billion stock market crash

Since the creation of Bitcoin in 2009, cryptocurrencies and digital assets have soared in popularity. In fact, a recent poll found that 21% of American adults have invested in cryptocurrency, a figure that’s likely to increase in the year ahead. Created by the pseudonymous developer Satoshi Nakamoto, Bitcoin (BTC) is the most popular cryptocurrency, with its total value at times exceeding $1 trillion. One important benefit of Bitcoin and other cryptocurrencies is that they are a unique asset class that can offer the opportunity for diversification. If you’re interested in adding cryptocurrency to your portfolio, understanding the different types of coins and their historical performance can help you become more confident in your investment decisions. Below, we share some of the key things to know about cryptocurrency investments—and how to make them work for you. Understand the Risks and Benefits of Crypto Investing One of the reasons cryptocurrencies are gaining … [Read more...] about How to Make Cryptocurrency a Part of Your Portfolio